List Your Tape/Pool

Selling bulk mortgage notes on NotesTrader™ is simple! Create a Virtual Offering Tape (TAPE), add notes to the TAPE and invite buyers. See below a step-by-step guide for selling your notes:

Step 1

Step 1 - Sign up

  • Sign up to NotesTrader™ as a seller.
  • We will then contact you to verify the information you provided and qualify you as a seller.

Step 2

Step 2 - Import Notes File (External File)

  • Upload your Notes File to your NotesTrader™ account using any .csv, .tsv, .xls, .xlsx, or .xml file format. Your import file can utilize any column sequence as long as it has a single-loan information per row. NotesTrader™ utilizes an intuitive advanced technology that helps sellers to perform data conversion and field matching between the imported file and NotesTrader™ data structure. Sellers will be asked to confirm the matching results before importing your notes to your NotesTrader™ account.
  • To view or download NotesTrader™’s Excel Spreadsheet Template, click here. For further help, contact our Support Team.
  • After processing your Notes File, your notes will be added to your NotesTrader™ account. To manage your notes, simply visit the 'My Notes' section and perform changes as needed including removal of notes, modify Note’s content or adding notes to a new offering tape.

Step 3

Step 3 - Create Virtual Offering Tape

  • Create a new offering tape (TAPE) using our easy-to-use wizard. Our Wizard will walk you through the necessary steps such as, name your offering, add notes to the tape, set sale’s terms, bidding rules, field visibility, and prepare the offer for submission to potential buyers. You can start and exit/pause the Wizard as many times as needed; Your information will be saved.
  • Sellers must create a Virtual Offering Tape (TAPE) to list notes for sale
  • Sellers can create multiple TAPEs at the same time
  • Sellers can list notes on multiple TAPEs knowing that NotesTrader™ platform will automatically flag sold ones.
  • Sellers can manage their invitees at all times including removing buyers’ access
  • NotesTrader™ offers advanced filtering tools helping sellers selecting desired notes
  • For more information, visit our FAQ page.

Step 4

Step 4 - Invite Buyers

  • Invite buyers to access your Virtual Offering Tape (TAPE). NotesTrader™ platform will suggest potential buyers based on their buying powers and buying states and investment strategy.
  • NotesTrader™ platform offers sellers filtering methods to reach qualified buyers
  • Sellers can invite only select private buyers or list the TAPE on the NotesTrader™ Marketplace and receive ‘access inquiries’ from potential buyers
  • NotesTrader™ qualifies any buyer on its platform. In addition, we require potential buyers to register to bid on each TAPE ensuring serious buyers only.
  • Buyers are required to accept NotesTrader™’s participation terms which includes asking the registered buyers to hold a cancellation fee on their credit card. In summary, rest assured that only qualified and serious buyers can bid on your notes (TAPE).
  • For more information, visit our FAQ page.

Step 5

Step 5 - Get Offers

  • This is the fun step. Wait for offers that only match the terms and the minimum bid you set. You’ll be able to accept, reject or counter any offer. You’ll receive alerts on new offers, documents and/or messages from Buyers. For more information, visit our FAQ page.

Step 6

Step 6 - Pricing

  • NotesTrader™ charges sellers a nominal success fee based on the final sale’s price. Please contact us for more details.